Is it true that knowledge management can promote innovation?

Asked 2 years ago

Hello! I've been hearing some chatter within my circles about the potential benefits of knowledge management when it comes to fostering innovation. I was curious if you could help clarify whether or not this is actually true. My team and I are considering implementing knowledge management in our organization, so I wanted to gather some more information on whether or not it can truly be a driving force behind promoting innovation. Thanks so much in advance for your thoughts and insights!

Innovation Knowledge management Organizations

Lanny Sutton

Monday, April 10, 2023

Yes, knowledge management can promote innovation. It creates an environment that fosters knowledge sharing, collaboration, and learning, leading to the generation of new ideas, insights, and solutions. Effective knowledge management practices also facilitate the exchange of diverse perspectives and expertise, sparking creativity and innovation among employees.